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Question 8 (2 points) Which of the following statements is NOT true about firm beta? Question 8 options: A.The higher the firm specific risk, the

Question 8 (2 points)

Which of the following statements is NOT true about firm beta?

Question 8 options:

A.The higher the firm specific risk, the higher is the beta

B.The higher the operating leverage, the higher is the beta

C.The higher the financial leverage, the higher is the beta

D. Cyclical firms would usually have higher betas than non-cyclical firms

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